About microgrids
Microgrids are remote grids that can operate independently from conventional grid networks. They have control capabilities and are geared to connect to a main grid at a point of coupling that can maintain the voltage at the same levels as the main grid. These grids are also capable of negating instabilities by enabling the deployment of renewable energy sources such as solar PV and wind energy. Further, the use of renewable energy sources to serve remote areas helps reduce T&D losses by boosting efficiencies of the overall system. Various technologies such as advanced li-ion, advanced lead-acid, flow batteries, sodium-metal halide, and flywheels technologies are available for energy storage for microgrids.
Technavio's analysts forecast the global energy storage market for microgrids to grow at a CAGR of 27.8% over the period 2014-2019.
Covered in this report
The report covers the present scenario and the growth prospects of the global energy storage market for microgrids for the period 2015-2019. The market has been segmented based on geography and technology.
Technavio's report, Global Energy Storage Market for Microgrids 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC, and EMEA; it also covers the market landscape and its growth prospects in the coming years. The report includes a discussion on the key vendors operating in this market.
Key regions
• Americas
• APAC
• EMEA
Key vendors
• AES Energy Storage
• Axion Power International
• BYD
• East Penn Manufacturing
• Exide Technologies
• LG Chem
• NGK Insulators
• SAFT
• Samsung SDI
Key market driver
• Renewable energy installations
• For a full, detailed list, view our report
Key market challenge
• Limited performance of lead-acid batteries in ESS
• For a full, detailed list, view our report
Key market trend
• Government participation
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2019 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: Market landscape
Market overview
Market size and forecast
Five forces analysis
PART 06: Geographical segmentation
Global energy storage market for microgrids by geography
Energy storage market for microgrids in Americas
Energy storage market for microgrids in EMEA
Energy storage market for microgrids in APAC
PART 07: Market segmentation by technology
Global energy storage market for microgrids by technology
Global advanced lead-acid battery market for microgrids
Global advanced Li-ion battery for microgrids
Global flow battery market for microgrids
Global sodium-metal halide battery market for microgrids
Global flywheel battery market for microgrids
PART 08: Market drivers
PART 09: Impact of drivers
PART 10: Market challenges
PART 11: Impact of drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
Competitive scenario
PART 14: Key vendor analysis
AES Energy Storage
Axion Power International
BYD
East Penn Manufacturing
Exide Technologies
LG Chem
NGK Insulators
Saft
Samsung SDI
PART 15: Appendix
List of abbreviations
PART 16: Explore Technavio
List of Exhibits
Exhibit 01: Global energy storage market for microgrids
Exhibit 02: Smart grid components
Exhibit 03: Global energy storage market for microgrids 2014-2019 ($ billions)
Exhibit 04: Potential microgrid investment structure in US for 2015-2020
Exhibit 05: Five forces analysis
Exhibit 06: Global energy storage market for microgrids by geography 2014
Exhibit 07: Global energy storage market for microgrids by geography 2019
Exhibit 08: Global energy storage market for microgrids by geography 2014-2019
Exhibit 09: Energy storage market for microgrids in Americas 2014-2019 ($ billions)
Exhibit 10: Energy storage market for microgrids in EMEA 2014-2019 ($ billions)
Exhibit 11: Energy storage market for microgrids in APAC ($ billions)
Exhibit 12: Energy storage market in China by 2020
Exhibit 13: Global energy storage for microgrids by technology 2014
Exhibit 14: Global energy storage for microgrids by technology 2019
Exhibit 15: Global energy storage for microgrids by technology 2014-2019
Exhibit 16: Global advanced lead-acid battery market for microgrids 2014-2019 ($ billions)
Exhibit 17: Global advanced Li-ion battery market for microgrids 2014-2019 ($ billions)
Exhibit 18: Global flow battery market for microgrids 2014-2019 ($ billions)
Exhibit 19: Global sodium-metal halide battery market for microgrids 2014-2019 ($ billions)
Exhibit 20: Global flywheel battery market for microgrids 2014-2019 ($ millions)
Exhibit 21: Impact of drivers
Exhibit 22: Impact of drivers and challenges
Exhibit 23: AES Energy Storage: Product
Exhibit 24: BYD: Business segmentation
Exhibit 25: BYD: Business segmentation 2014
Exhibit 26: BYD: Business segmentation by revenue 2013 and 2014 ($ billions)
Exhibit 27: BYD: Geographical segmentation by revenue 2013
Exhibit 28: East Penn Manufacturing: Business segmentation
Exhibit 29: Exide Technologies: Product segmentation
Exhibit 30: LG Chem: Business segmentation 2014
Exhibit 31: LG Chem: Key products of mobile battery division
Exhibit 32: LG Chem: Business segmentation by revenue 2013 and 2014 ($ billions)
Exhibit 33: LG Chem: Geographical segmentation by revenue 2014
Exhibit 34: NGK Insulators: Business segmentation 2014
Exhibit 35: NGK Insulators: Business segmentation by revenue 2014 and 2015 ($ billions)
Exhibit 36: Saft: Business segmentation by revenue 2014
Exhibit 37: Saft: Business segmentation by revenue 2013 and 2014
Exhibit 38: Saft: Geographical segmentation by revenue 2014
Exhibit 39: Samsung SDI: Business segmentation 2014
Exhibit 40: Samsung SDI: Business segmentation by revenue 2013 and 2014 ($ billions)
Exhibit 41: Samsung SDI: Geographical segmentation by revenue 2014
